Unleashing synergies in strategic networks of SMEs: The influence of partner fit on corporate entrepreneurship

An increasing number of firms participate in inter-firm networks to improve their innovation, renewal, and venturing; efforts that can be termed 'corporate entrepreneurship'. This article contributes to the literature by developing and testing explanations for how partner fit (that is, complementary capabilities and organizational compatibilities) influences networking firms' corporate entrepreneurship. Using survey data on SMEs engaged in strategic networks with multiple partners, we found support for an argument suggesting that partner fit requires mediating variables to unleash the potential synergies of partner fit for corporate entrepreneurship. Specifically, our results suggest partner fit triggers resource leverage through processes of both combining resources and accumulating resources from interaction with network partners. Thus, a positive indirect relationship between partner fit and corporate entrepreneurship is present.